Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) Shares Bought by Dalton Greiner Hartman Maher & Co.

Dalton Greiner Hartman Maher & Co. raised its position in Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) by 4.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 228,581 shares of the semiconductor company’s stock after acquiring an additional 10,017 shares during the quarter. Dalton Greiner Hartman Maher & Co.’s holdings in Kulicke and Soffa Industries were worth $6,217,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC grew its position in Kulicke and Soffa Industries by 2.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 27,359 shares of the semiconductor company’s stock valued at $642,000 after acquiring an additional 581 shares in the last quarter. Rhumbline Advisers grew its position in Kulicke and Soffa Industries by 0.7% in the 3rd quarter. Rhumbline Advisers now owns 107,065 shares of the semiconductor company’s stock valued at $2,514,000 after acquiring an additional 719 shares in the last quarter. Raymond James Trust N.A. grew its position in Kulicke and Soffa Industries by 8.9% in the 3rd quarter. Raymond James Trust N.A. now owns 10,108 shares of the semiconductor company’s stock valued at $237,000 after acquiring an additional 829 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its position in Kulicke and Soffa Industries by 1.1% in the 2nd quarter. Jacobs Levy Equity Management Inc. now owns 124,544 shares of the semiconductor company’s stock valued at $2,808,000 after acquiring an additional 1,400 shares in the last quarter. Finally, United Services Automobile Association grew its position in Kulicke and Soffa Industries by 4.3% in the 2nd quarter. United Services Automobile Association now owns 43,463 shares of the semiconductor company’s stock valued at $980,000 after acquiring an additional 1,776 shares in the last quarter. 88.98% of the stock is owned by institutional investors.

In other news, Director Brian R. Bachman sold 1,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $27.50, for a total transaction of $27,500.00. Following the completion of the transaction, the director now directly owns 23,667 shares of the company’s stock, valued at $650,842.50. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Brian R. Bachman sold 2,000 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $25.00, for a total value of $50,000.00. Following the transaction, the director now directly owns 23,293 shares of the company’s stock, valued at $582,325. The disclosure for this sale can be found here. Insiders own 1.40% of the company’s stock.

Several research firms have weighed in on KLIC. Cowen lifted their target price on Kulicke and Soffa Industries from $23.00 to $25.00 and gave the company a “market perform” rating in a research report on Friday, November 15th. DA Davidson raised Kulicke and Soffa Industries from a “neutral” rating to a “buy” rating and set a $30.00 target price for the company in a research report on Thursday, November 21st. Zacks Investment Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating and set a $31.00 target price for the company in a research report on Thursday. ValuEngine downgraded Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, December 3rd. Finally, B. Riley reaffirmed a “buy” rating and issued a $32.00 target price on shares of Kulicke and Soffa Industries in a research report on Monday, November 11th. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $29.50.

Shares of Kulicke and Soffa Industries stock opened at $27.18 on Thursday. Kulicke and Soffa Industries Inc. has a one year low of $18.80 and a one year high of $27.58. The company has a market cap of $1.72 billion, a PE ratio of 59.09 and a beta of 1.40. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.61 and a current ratio of 5.12. The business has a 50-day simple moving average of $26.36 and a 200-day simple moving average of $23.61.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings data on Thursday, November 14th. The semiconductor company reported $0.14 EPS for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.02. Kulicke and Soffa Industries had a return on equity of 3.72% and a net margin of 2.16%. The business had revenue of $139.80 million during the quarter, compared to the consensus estimate of $140.11 million. During the same period in the previous year, the company posted $0.45 earnings per share. The business’s revenue for the quarter was down 24.4% on a year-over-year basis. On average, sell-side analysts predict that Kulicke and Soffa Industries Inc. will post 1.28 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 13th. Stockholders of record on Friday, December 27th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date was Thursday, December 26th. Kulicke and Soffa Industries’s dividend payout ratio is presently 104.35%.

About Kulicke and Soffa Industries

Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and tools to assemble semiconductor devices. It operates in two segments, Capital Equipment, and Aftermarket Products and Services (APS). The Capital Equipment segment manufactures and sells a line of ball bonders, wedge bonders, advanced packaging, and electronic assembly solutions.

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Institutional Ownership by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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